Asia, Africa, Latin America - Japan as a Development Model? Relative Backwardness and Technological Transfer. By Ian Inkster. Bochum: Studienverlag Dr. N. Brockmeyer, 1980. Pp. ii, 91. DM 14.80. - Volume 41 Issue 1
Research Article| August 01 1966 Dollar, Dollar, Who Has the Dollar? -- Relationship between the Japanese and American Balance of Payments Hugh T. Patrick Hugh T. Patrick Search for other works by this author on: This Site PubMed Google Scholar Far Eastern Survey (1937) 6 (8): 434–447. https://doi.org/10.2307/2642470 Views Icon Views Article contents Figures & tables Video Audio Supplementary Data Peer Review Share Icon Share Twitter LinkedIn Tools Icon Tools Get Permissions Cite Icon Cite Search Site Citation Hugh T. Patrick; Dollar, Dollar, Who Has the Dollar? -- Relationship between the Japanese and American Balance of Payments. Far Eastern Survey 14 April 1937; 6 (8): 434–447. doi: https://doi.org/10.2307/2642470 Download citation file: Ris (Zotero) Reference Manager EasyBib Bookends Mendeley Papers EndNote RefWorks BibTex toolbar search Search Dropdown Menu nav search search input Search input auto suggest search filter All ContentAsian Survey Search This content is only available via PDF. Article PDF first page preview Close Modal You do not currently have access to this content.
Previous articleNext article No AccessFinancial Development and Economic Growth in Underdeveloped Countries: ReplyHugh T. PatrickHugh T. Patrick Search for more articles by this author PDFPDF PLUS Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinkedInRedditEmail SectionsMoreDetailsFiguresReferencesCited by Economic Development and Cultural Change Volume 20, Number 2Jan., 1972 Article DOIhttps://doi.org/10.1086/450553 Views: 3Total views on this site Citations: 4Citations are reported from Crossref Copyright 1972 The University of ChicagoPDF download Crossref reports the following articles citing this article:Mohammad Naim Azimi Assessing the asymmetric effects of capital and money markets on economic growth in China, Heliyon 8, no.11 (Jan 2022): e08794.https://doi.org/10.1016/j.heliyon.2022.e08794Seng Kiong Kok, Stefano Filomeni The holding behavior of Shariah financial assets within the global Islamic financial sector: A macroeconomic and firm-based model, Global Finance Journal 50 (Nov 2021): 100557.https://doi.org/10.1016/j.gfj.2020.100557Bo Zhang, Peng Zhou Financial development and economic growth in a microfounded small open economy model, The North American Journal of Economics and Finance 58 (Nov 2021): 101544.https://doi.org/10.1016/j.najef.2021.101544Arnaldo Mauri Informal Finance in Developing Economies, SSRN Electronic Journal (Jan 2000).https://doi.org/10.2139/ssrn.667262
Taking as a frame of reference the relationship between equilibrium in the balance of payments and domestic economic growth, the objective of this paper is to examine the role of central banking in financial policy in Japan in the latter part of the nineteenth century. Certain of the financial problems which Japan then faced are those which perplex many underdeveloped countries today. They may be considered in terms of three highly interrelated problem areas: government expenditures and revenues; the monetary system; and the balance of payments.
JN THE PAST DECADE business investment and national income have grown extremely rapidly in Japan,' and more than half of investment has been financed from external sources. Japan has a highly organized and relatively effective financial system, which on the whole effectively provided the funds for the surge in productive investment. The city banks are at the core of the financial system; they engage in an aggressive, national branch-banking business and dominate in terms of loans, deposits and other indicators of banking activity.2 While individual Japanese financial institutions operate in a generally highly competitive environment, competition is limited by certain major restraints, of which the most notable is the successful government attempt to freeze long-term interest rates. This has produced an official structure relating short-term and long-term interest rates which is distorted relative to that expected under competitive conditions. The purpose of this article is to examine the nature of this distorted interest-rate structure and to trace a variety of marginal market responses to it. Particularly in tight-money periods various unusual and subterranean techniques have been utilized in a grey financial market in an effort to raise effective interest rates and to narrow the disequilibrium between demand for and supply of loanable funds. Some of the broader effects are briefly discussed in a final section. A main focus of governmental controls over interest rates has been on government and private domestic bonds. Five categories of bonds are issued in the capital market. Listed in descending order of amount outstanding, they are: bank debentures (issued primarily by long-term credit banks), industrial bonds (mainly for electric power and manufacturing, plus some for transportation), public corporation bonds (usually guaranteed by the
Research Article| May 01 1963 Japanese Influences on the United States Balance of Payments Hugh T. Patrick Hugh T. Patrick Search for other works by this author on: This Site PubMed Google Scholar Memorandum (Institute of Pacific Relations, American Council) (1934) 3 (5): 224–234. https://doi.org/10.2307/3023548 Views Icon Views Article contents Figures & tables Video Audio Supplementary Data Peer Review Share Icon Share Twitter LinkedIn Tools Icon Tools Get Permissions Cite Icon Cite Search Site Citation Hugh T. Patrick; Japanese Influences on the United States Balance of Payments. Memorandum (Institute of Pacific Relations, American Council) 10 March 1934; 3 (5): 224–234. doi: https://doi.org/10.2307/3023548 Download citation file: Ris (Zotero) Reference Manager EasyBib Bookends Mendeley Papers EndNote RefWorks BibTex toolbar search Search Dropdown Menu toolbar search search input Search input auto suggest filter your search All ContentAsian Survey Search This content is only available via PDF. Article PDF first page preview Close Modal You do not currently have access to this content.
The Journal of FinanceVolume 15, Issue 4 p. 573-574 Abstracts of Doctoral Dissertations THE BANK OF JAPAN: A CASE STUDY IN THE EFFECTIVENESS OF CENTRAL BANK TECHNIQUES OF MONETARY CONTROL* Hugh T. Patrick, Hugh T. Patrick Yale UniversitySearch for more papers by this author Hugh T. Patrick, Hugh T. Patrick Yale UniversitySearch for more papers by this author First published: December 1960 https://doi.org/10.1111/j.1540-6261.1960.tb02779.x †A dissertation completed at the University of Michigan in 1960. Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat No abstract is available for this article. Volume15, Issue4December 1960Pages 573-574 RelatedInformation